Diversified Energy Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on December 29, 2023
Diversified Energy Company PLC announced that the Board has declared an interim dividend of 4.375 cents per share in respect of second quarter 2023 for the three month period ended June 30, 2023, an increase of 3% over the second quarter 2022 dividend of 4.250 cents per share. Ex-dividend Date is November 30, 2023. Record Date is December 1, 2023.
Same here. The BOE meets on the 21st fingers crossed for either a low or zero interest increase. For my 2p Iād leave it at 5.25% but we will see.
Itās funny Iād never paid attention to the Bank of England base rate until about a year ago
So, currently trying to decide whether to keep my DEC shares (240 of them built up over a couple of years)
The situation in my portfolio is this - DEC is down by 28% which translates to Ā£77. Over this year, I predict dividends of around Ā£32. This means an overall loss of Ā£45. I know, itās not a huge amount, but itās still not where Iād like it to be.
I initially built my portfolio to pay dividends, with a target/goal of earning more than my cash ISA in the bank. Thatās why I bought the DEC shares. Now, with everything trickling downwards, Iām looking more closely at each holding and evaluating if itās worth its place in the pile.
My question to you wise sages is, do I hold and hope, or would you be selling at the loss?
Disclaimer - I invite opinion and discussion, knowing the final decision is mine alone and is not reliant on outside influence. The old do your own research stuffā¦
As a holder of DEC (around 420 shares), like many of my dividend paying stocks, the share price has gone down but until seeing this thread, I wasnāt even aware !
So, as I donāt pay attention to the ups and downs of share prices, still happy to hold and to top up.
The next dividend announcement after the November one for me is the important one. Iām happy to hold at these levels and if they can sustain the dividend then I donāt mind being in the red for a while at all. My holding is overweight so while i would like to top up and average down at these levels, until the next dividend is announced i will be putting available funds into other stocks to bump them up.
I have around 500 shares in them , Iām tempted to buy more while low but at the same time waiting on further updates of dividend payments,
Still waiting for this payment due few days ago .
Iām another holder my average price is just over a quid a share I am going to keep ploughing the dividends back in and will add other money as and when. A year ago this was Ā£1.30 odd a share so the last year has been poor from a share price point of view but the dividends do add up over time.
While we are talking about holding these I do too my AVG is Ā£1.03 over 1500 shares and 24% down! Iāve wanted to get out of these for awhile and done some averaging down, thought they was a slight hope in last 6 weeks where got upto .93p they have amassed a lot of debt and truly found out about this after I was committed they was some positives grown in company assets when prices was high so about march time!
With the price of oil rocketing up there might be so new hope! But like others said the dividend is key and waiting on further declarations of it,